How to trade Crude Palm Oil Futures ( FCPO ) 28022017

PALM OIL: Futures Extend Drop to Near 4-Month Low on Production

     (Bloomberg) -- Palm oil for May delivery declines as much
as 0.7% at 2,736 ringgit/ton on Bursa Malaysia Derivatives,
lowest for most-active contract since Nov. 4.
  * Futures trade at 2,742 ringgit by 3:57pm in Kuala Lumpur;
    -12% YTD
  * Expectations of rising production and falling demand
    continue to pressure palm oil prices, says Gnanasekar
    Thiagarajan, head of trading and hedging strategies at
    Kaleesuwari Intercontinental
  * NOTE: Olam Bearish on Palm Oil Prices From 2Q as Output Seen
    Climbing
  * NOTE: Malaysia’s Feb. palm oil exports -14.2% m/m: Intertek
  * NOTE: Palm Oil Prices Seen in 2,600-3,000 Rgt Range Until
    2Q: Felda
  * NOTE: Sime Darby Palm Oil Production Seen +4% This Year:
    Dass
  * Soybean oil for May delivery on Chicago Board of Trade +0.4%
    to 32.76c/lb; May soybeans +0.5% to $10.27 a bushel
  * Soybean oil’s premium over palm oil at ~$103/ton vs avg ~$91
    over past year: data compiled by Bloomberg
  * Palm oil’s premium over gasoil at ~$120/ton vs avg ~$216
    over past year: data compiled by Bloomberg
  * May refined palm oil on Dalian Commodity Exchange -0.3% to
    close at 5,786 yuan/ton; May soybean oil little changed at
    6,572 yuan/ton